Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.
GCL Global Holdings Ltd Ordinary Shares
GCLNASDAQ
Wall Street Score · overall investment23/100
$0.92USD$-0.00 (-0.23%)
Severe listing-compliance risk
The share price is below $1 and the stored reverse-split/listing-risk level is HIGH. No verified reverse-split authorization or announced reverse split is currently recorded. This is a risk signal, not confirmation that Nasdaq has issued a deficiency notice.
Price updated todayFinancials updated Oct 23, 2026
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GCL · Price history
Price at last available close
$0.92
+$0.16 (+20.39%) 1M
2026-10-27
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Primary reporting period: 2026-03-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
GCL Global Holdings Ltd, together with its affiliated companies, specializes in the comprehensive lifecycle management of interactive entertainment. This includes the conceptualization, development, publication, promotion, retail, and distribution of a wide array of video games, digital activation keys, and various forms of entertainment content. The company's market reach extends globally, with significant operations in Asia, Europe, and the United States.
How they make money
GCL Global Holdings Ltd. operates as a holding company that generates revenue through the distribution and sale of console games, hardware, and accessories, as well as through game publishing, media advertising services, and other related entertainment content activities across global markets.
Products & services
Video games, IT hardware, computer accessories, smart technology, and game publishing services.
Brands & revenue mix
Ban Leong
Acquired subsidiary involved in distribution and technology sales.
Separate brand revenue is not available in this research.Source
Martiangear
Acquired subsidiary focused on gaming gear and accessories.
Separate brand revenue is not available in this research.Source
2Game
Acquired subsidiary focused on game publishing and distribution.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.
Individual consumers of gaming hardware and softwareSource
Customer concentration
No quantified customer-concentration disclosure is available in the current saved research.
Suppliers, materials & equipment
IT hardware and computer accessory manufacturers — The company sources various IT hardware and computer accessories from third-party manufacturers for distribution.Source
Strengths
Diversified revenue streams across distribution, publishing, and advertisingSource
Global market reach across Asia, Europe, the U.S., and Latin AmericaSource
Risks
Dependence on third-party game developers and hardware manufacturersSource
Exposure to international market volatility and currency fluctuationsSource
Overall investment score · Quality, value, risk and opportunity
23
Poor
PoorElite
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
28
Poor
Financial Strength
22
Business Quality / Moat
75
Management
0
Growth Quality
10
Risk / Durability
10
Weak Company · Expensive Stock
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Model Outlook
12-month model · What does the model think happens next?
Outperformance analysis is not currently available.
Reverse-split / listing-compliance risk: HIGH
This is a risk signal, not a prediction. It is separate from Wall Street Score and does not change the company score. It looks for listing-pressure signals such as prolonged Nasdaq trading below $1, very low share price, micro-cap size, negative free cash flow, and verified recent reverse splits.
Risk indicator: 55/100
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
A current Opportunity Score is not available.
The 12-month model outlook is not currently available.
What we like
No strong positive signal is being highlighted from the currently available summary data.
What to watch
•Elevated debt risk
•Repurchase headline · Aug 28, 2026
•Valuation is a weaker part of the current profile
•Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for GCL
Research inputs 100% complete
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving GCL's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can GCL fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is GCL's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What specifically needs to improve for GCL to reach sustainable profitability?
•What future growth or profitability would be needed to justify GCL's current valuation?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for GCL
Detected from reported data — verify before acting.
Elevated debt risk
Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Repurchase headline · Aug 28, 2026
GCL Announces $10 Million Share Repurchase Program — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Diversified revenue streams across distribution, publishing, and advertising.
+Global market reach across Asia, Europe, the U.S., and Latin America.
Potential downside factors
−Debt risk (elevated): Interest coverage is below 2x.
−Free cash flow is negative.
−Cash covers less than 20% of total debt.
−Dependence on third-party game developers and hardware manufacturers.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdown
Wall Street Score
Very Weak23/ 100
Weak (0–50)Fair (51–71)Strong (72+)
Debt
Poor
34
Debt Cost5.1%
Debt Reduction YoY-447.2%
Debt / Equity1.63x
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Revenue
—
Revenue YoY-100.0%
Revenue CAGR56.5%
Net Margin—
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Asset
Fair
64
Asset Growth YoY269.6%
Liquidation/Share-$0.38
Net Assets/MCap0.14x
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Capital
Poor
0
Earnings Yield-0.8%
Buyback Yield0.0%
Debt Cost5.1%
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Management
Poor
0
ROIC-35.3%
ROE-2.8%
ROA-5.6%
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Moat
Strong
75
EPS Growth—
FCF/Share Growth—
Rev/Share Growth46.7%
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Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
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Buffett
—
Revenue—
Moat75
Valuation0
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MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
Poor
25
Interest Coverage-4.4x
ROIC-35.3%
FCF Yield-9.7%
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Master
—
Financial25
Valuation0
Debt34
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Resilience
Poor
30
Survival Years3.4 yrs
Current Ratio1.52x
FCF Margin-4.9%
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Score Changes
6 historical score records available
Previous Score
23
Oct 1, 2026
Change
-0.1
points
Current Score
23
Oct 23, 2026
Category Changes
Debt0
Assets-1.1
Capital0
Management0
Moat0
Valuation0
GCL decreased 0.1 points because some fundamentals weakened.
Projected Score
Projected Score
25
Projected Change
+2.5 points
Preliminary comparable-period financial changes suggest improvement of approximately 2.5 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailable
Current Price
$0.92
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Large reported revenue change: +145.0%
Revenue changed sharply from 2024 to 2026. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.
TTM may combine quarters from before and after the event, so its trend can also be distorted.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2026
2025
2024
2023
2022
Revenue
$238.9M
$238.9M
$0.00
$97.5M
····
····
Cost of Revenue
$214.3M
$214.3M
$0.00
$84.2M
····
····
Gross Profit
$24.6M
$24.6M
$0.00
$13.3M
····
····
Research & Development
$0.00
$0.00
$0.00
$0.00
····
····
SG&A Expenses
$37.9M
$37.9M
$1.9M
$15.7M
····
····
Operating Expenses
$37.9M
$37.9M
$2.1M
$15.7M
····
····
EBITDA
-$10.1M
-$10.1M
-$772K
$972K
····
····
Operating Income
-$13.3M
-$13.3M
-$2.1M
-$2.4M
····
····
Interest Expense
$3.0M
$3.0M
$0.00
$508K
····
····
Income Before Tax
-$26.0M
-$26.0M
-$772K
-$1.4M
····
····
Income Tax Expense
$240K
$240K
$244K
$550K
····
····
Net Income
-$25.0M
-$25.0M
-$1.0M
-$1.4M
····
····
Basic EPS
$-0.20
$-0.20
$-0.18
$-0.01
····
····
Basic Shares
5.50M
123M
5.50M
126M
····
····
Diluted Shares
5.50M
123M
5.50M
126M
····
····
Upgrade to Premium for up to 10 annual periods, where available.
Estimated earnings date:A future estimated earnings date is not currently available.
Mar 31, 2025Q4FY2025
Revenue
$0
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.02
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-83.4%
Cash Change
-98.5%
Margin Change
Not available
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Debt reduced
What Weakened
Cash position declined
Potential Score Impact
Positive indicators included EPS growth, debt levels. Pressure indicators included cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
EPS increased 209.9%. Cash declined 98.5%. Total debt declined 83.4%.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
$———.——
Premium
5 Years
$———.——
Premium
10 Years
$———.——
Premium
Conservative Projection Rate
——%
Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.